Business decisions often work themselves out over a period of years. It’s Okay to Change Your Mind – A Flip-Flop With ResonanceĪlthough not the main focus of this article, it is worth reminding ourselves that 2023 marks fourth Labour Day since the first pandemic-inspired lockdowns. This is illustrated in the following quote from Linda Duxbury, professor of management at Carleton University’s Sprott School of Business: “The big question hanging in the air post-pandemic is whether working from home is a right or a privilege.” She notes that “many employees have come to believe that (working remotely) is a right.” Find out why she disagrees by clicking on the link. This year, however, continuing, conflicting media coverage of the pros and cons of returning to the office is raising issues of principle like never before. Labour Day has long been a milestone in the business calendar, signalling (for most) a transition to a more hectic work schedule. Post-Labour Day Musings Focused on Return to the Office? “How much office space will the City of London need in the future? What will happen to obsolete offices? And how do you build an urban centre fit for the future without killing the planet?” With a growing focus on understanding ‘embodied carbon’ as one of many elements factored into portfolio investment strategies, the calculus of whether to scrap and build new (but better) vs retrofitting existing stock, this article could well form the basis for a future SRRA Forum. According to Wikipedia, about three-quarters of the estimated 500,000jobs in the City of London are in the financial, professional, and associated business services sectors (downtown Toronto had about 400,000 office jobs before the pandemic). Nothing less than a quest to prevent obsolescence is the goal of London’s ‘office czar.’ Although his title is more formal than that, the influence of Shravan Joshi as the chairman of The City of London Planning and Transport Committee, is to shift the focus of how developers view investment decisions affecting the City’s office portfolio. Looking to the Future: Could London’s Example Hold Promise for the GTA?Ī new ‘planning guidance’ issued by London’s planners could have far reaching consequences for investments in office buildings in England’s capital and beyond.
0 kommentar(er)
